Volume Correlation Indicator [Fournier-Eaton]This script combines two correlation indicators into one:
Volume Oscillator Correlation
Price Correlation
Rationale : This script is predicated on the following premise: we rely often on price correlation. However, we overlook volume-volume correlation too often. The volumetric correlative decoupling of an equity and index or equity - equity can yield important information (and produce it as early or earlier than price-correlation).
Mechanism :
The primary component of this chart is the Volume Correlation Indicator (as red histogram). This is the correlation between the Volume Oscillator of current chart's symbol and the VO of your chosen comparison.
Secondarily, the standard price correlation is also charted for added information in line format.
Example : In the chart attached to this publication, note the following cases:
Case 1: The price correlation with QQQ was increasing as earnings approached. However, the volume correlation with QQQ was clearly decoupled as earnings approached.
Case 2: Contrastingly, other dips in price correlation can be found were volume correlations were behaving in tandem.
Note1: This is the first in a series of volume correlation indicators. Please let me know if you find this useful.
Breadth Indicators
Cumulative Pivot HighLowThis indicator counts number of higher highs/lows and number of lower highs/lows and calculates trend based on that.
Indicator line shows (sum of higher highs/lows - sum of lower highs/lows) derived from last loopback periods. Indicator is green if last two consecutive highs/lows formed are on higher side. Red if on lower side. (Consecutive numbers can be controlled by parameter direction_threshold )
combineHighsAndLows if unselected shows not cumulative version but last consecutive highs and lows marked in red or green according to the trend.
Shares Risk (Long)Ever struggle to know how many shares you should be placing your order with? Risk is different for every person and every stock. This can help.
In the example above, I've added this indicator the the chart.
I then specified:
Risk Amount ($) = $500. (The max amount I'm willing to risk.)
Risk Source = (another indicator) Lower Limit 3 . (See Lower Limits for more details)
Source Risk (%) = 0.0 (The default is 5.0 expecting the Risk Source to be the close.**)
Based upon how much I'm willing to risk, and the price difference between the close and Risk Source , this indicator will show the number of shares to purchase such that if the price drops to the stop level specified, my value loss should be limited to the Risk Amount .
333 shares is the value calculated for this example (latest bar). You can easily see how many shares you need to purchase for the lastest bar as well as track the previous values on the chart and the indicator cursor data.
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** WARNING: There's no magic here. It's just math. So if you specify another indicator as the source, the values could get a bit strange and if the price is very close to the stop level, the number of shares could be unreasonably high. To help avoid this you can increase the minimum percent.
Multi Time Frame Candles with Volume Info / 3DHello Traders,
This is my second Multi Time Frame Candles script but with this new one, you will have some new features such volume info, remaining time to close of higher time frame candle and also developed using new features of Pine such array of lines. also I tried to make it 3D for better visualization ;) also it shows new highs/lows / breakouts.
I tried to make many things optional, so you can change almost everything using options.
What you can change using options:
- Higher time frame
- Number of Candles
- Candle Colors Up/Down
- Wick Color
- Volume colors Up/Down
- Text color of Remaining Time
- Shadow Color
- Background color
- Start bar of the candles (so you can see many higher times frame candles in same window)
- 3D effect, by default it's enables but you can disable 3D view
Lets see some examples:
Remaining time:
Breakouts:
You can combine different higher time frames:
if you don't want 3D view then combining different higher time frames:
You can change background color:
Enjoy!
Daily High & Low BoundaryDisplays the day's progressive high and low of the day colorized by the day of the week.
US10Y / DXY - 10 Yield correlated This oscillator tracks the US and US10Y , Script is based in SPX/US oscillator by @someguy
Local LimitsDisplays recent higher highs, lower highs, lower lows, and higher lows as a collection of local limit indicators.
In its simplicity is a lot more powerful than might appear at first glance.
Does not rely on volatility calculation.
Can be linked together to create an objective view of recent support and resistance levels.
Makes current trends more visible.
Excellent for use as a trailing stop algorithm.
Parameters
Single Bar Sensitivity: True (default) reacts to individual bars. False only responds to the alignment of 2 bars.
Margin (1-5): Adds extra distance from higher lows and lower highs to reduce the sensitivity of broken trends.
Single indicators with configurable sources:
Local Limit Higher
Local Limit Lower
FCMS - Arrays Exercise - High Low with Arrays - StudyThis is just a script to exercise the use of arrays on pine script.
I think we could say that every for loop we had in pine script before the arrays, is eligible to become an array.
Our script will get more efficient and more reliable.
As every "if" case is elegible to became a function
I confess I was addicted to use if, else if, else in my codes, but recently i've been updating my scripts and it's became more efficient
I couldn't find an array function that insert an value removing the oldest one, so I'm using this condition to "shift" the first value.
I'll update as soon as I find a better way to do it.
In any case, for this specific goal, we already have an built in function, as I let on script
Hariz Hazwan 5 line indicatordetermining the risks by looking for the divergence of price from moving averages support line
Financial Statement (Annual)This is an advanced tool to analyze the economic and financial health of a company. The tool uses exactly the same data as built-in annual financial metrics by TradingView.
Provides better visualization and additional indicators (maximum, minimum, average, median, linear regression ) that greatly simplifies the analysis of financial data.
All 222 built-in metrics available
Stay cheeki breeki and don't get sick. Good luck!
All-time high and percentage dropsThis script calculates the ATH of whichever chart you use and plots it in blue
There is also an option to display the following ATH percentages: 90, 80, 70, 60, 50, 40 and 30 in white
Financial Statement (Quarterly)This is an advanced tool to analyze the economic and financial health of a company. The tool uses exactly the same data as built-in quarterly financial metrics by TradingView.
Provides better visualization and additional indicators (maximum, minimum, average, median, linear regression) that greatly simplifies the analysis of financial data. If you have ever used the built-in metrics then you will get what I mean:
214 metrics available except:
Dividends payable
Notes payable
Other short term debt
Float shares outstanding
KZ index
Net income per employee
Number of employees
Revenue per employee
Stay cheeki breeki and don't get sick. Good luck!
1st Hour High and Low ISRDaily Range :
1st Hour High and Low From Market Start Time
ISR = Initial Support Resistance
Local Limit UpperDisplays recent higher and lower highs.
In it's simplicity is a lot more powerful than might appear at first glance.
Does not rely on volatility calculation.
Can be linked together to create an objective view of recent resistance levels.
Makes current trends more visible.
Excellent as a trailing stop (short) algorithm.
Can be used with its sibling: Local Limit Lower
Local Limit LowerDisplays recent higher and lower lows.
In it's simplicity is a lot more powerful than might appear at first glance.
Does not rely on volatility calculation.
Can be linked together to create an objective view of recent support levels.
Makes current trends more visible.
Excellent as a trailing stop algorithm.
Can be used with its sibling: Local Limit Upper
TraderLion's Relative Strength LineRelative Strength Line
Introduction
The script adds a line/candlestick to your charts that shows how well a stock is acting relative to the Index. We call this Relative Strength Line.
Relative Strength ( RS ) separates leading stocks from laggards. Stocks showing RS during a market correction phase will often be the strongest movers once the general market is ready to cooperate.
Instructions on How To Add this Script to Your TradingView Charting Platform
Step 0: Head over to www.tradingview.com
Step 1: Add “TraderLion's Relative Strength Line” to your Favorites by clicking “Add to Favorite Scripts” near the bottom of the page.
Step 2: Click “Indicators” at the very top on TradingView. Under Favorites click “Relative Strength Line”
Step 3: Hover on the Indicator name ( Relative Strength Line) on your plot under legend and click the three dots at the very right. Under the “Pin To Scale” choose a setting that works best for you (optional).
Step 4: Done. You have now plotted the Relative Strength Line
Features
1) The Pink Dot symbolizes the RS Line reaching new highs before price. RS New Highs Before Price (RSNHBP) is often indicative of a break out emerging.
2) Direction-Based Relative Strength. The RS Line can be customized to color coat depending on its most recent direction. When the line moves up it will be blue, and on the way down pink. Easily glance and see phases of relative strength on the chart.
3) Raw RS Rating - The RS Line Script features an RS Rating from 1-99 with 99 being the strongest rating. The measures the stock’s performance relative to the Index you input.
3) Custom Index Input under Settings - requested feature!
4) Candlestick Relative Strength - A different unique way to view the Relative Strength Line
5) Alerts Conditions - Relative Strength New Highs and Relative Strength New Highs Before Price (RSNHBP)
Captain Jack Ratio IndicatorFiyat kazanç oranı
Fiyat Defteri Oranı
Fiyat Defter Değeri
Oranları Hesaplar ve Kazançları görüntüler.
Kullanacak olan arkadaşlara başarılar dilerim.
Soru ve görüşlerinizi iletebilirsiniz.
BITCOIN AUTO TRADING STRATEGYBITCOIN AUTO TRADING STRATEGY
This strategy shows buy and sell signal. Designed and optimized only for Bitcoin. You can use it spot or futures markets and 30 minutes time frame. Indicator gives trade points when optimized sma trending but filtered choppinnes index. Profit factor over 3 for all time backtest period. Care using when you set leverage. I recommend maximum 5x leverage for auto trading.
Profitable trade count 119
Lost trade count 115
Profit factor 3
For access message me or go to my web link on my profile.
Initial Balance & extensions Custom session time and IB durationThe indicator will plot Initial Balance levels and extensions. The session start and end times are configurable depending on instrument, as well as the Initial Balance end time. The session times must be entered in the underlying instrument's timezone, for example:
ES-futures (Chicago Timezone)
Session Start: 0830
Initial Balance End: 0930
Session End: 1515
US-Stocks (New York Timezone)
Session Start: 0930
Initial Balance End: 1030
Session End: 1600
Europe Futures (Madrid Timezone)
Session Start: 0800
Initial balance End: 0900
Session End: 2200
Colors and linewidths are also customisable.